The co-founder of Microsoft Corporation, Bill Gates, has dropped in Forbes’ real time billionaire ranking.
Mr. Bill Gates who was the fourth-richest man in the world nosedived to the fifth position. According to Forbes, he’s now worth $129.6 billion, slightly less than Facebook CEO Mark Zuckerberg.
This was after a fresh set of stock transfers to his ex-wife Melinda French Gates who is now worth an estimated $5.6 billion.
Nearly $2.4 billion worth of stocks were on Thursday transferred to Melinda from Gates’ investment vehicle, Cascade Investment LLC.
The billionaire had transferred $3.2 billion worth of stocks to Melinda in May.
“Melinda received 3.3 million shares of AutoNation AN +0.5%, worth about $392 million, according to SEC filings. She now owns 8.8% of the Florida-based car retailer. Cascade also transferred 2.8 million shares of farm equipment maker Deere & Co. DE +0.9% now worth $1 billion and 9,5 million shares of Canadian National Railway Company, now also worth $1 billion,” Forbes reported.
Melinda will likely receive shares from her ex-husband’s other investments; the ultimate amount she will get from him is yet to be determined.
In the Gates’ case, the woman contributed to Bill’s wealth in some ways. Katy Perry once lost a lot after divorcing her British comedian ex, Russel Brand.
Do you think Bill’s ranking will rise again, just like Jeff Bezos knowing that this wealth splitting is why a lot of successful men in the west don’t like to get married?
Your opinions are all we need, so please put them down below guys.
At the end, signing a prenup isn’t such a bad idea if there’s true love.